» EUR/CAD - Euro Canadian Dollar, European Session - 28/02/08

EUR/CAD - Euro Canadian Dollar, European Session - 28/02/08

1,4810. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,4650 / 1,4900 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4860 - 1,4900
Supports
1,4785 - 1,4730

Source : EUR CAD

This entry was posted on Thursday, February 28th, 2008 at 6:35 and is filed under EUR CAD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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